Watergate Hearings - Hugh Sloan (Part III)
Watergate Hearings - Hugh Sloan (Part III)
(04:44:30) Opens to HUGH SLOAN, Former Treasurer of the Committee to Re-elect the President, answering the questions of Committee Chairman SAM ERVIN about the finances of the Committee, namely the amount and movement of money in the Committee's safes (04:45:48) Ervin questions Sloan about the chain of command as far as authorizing money disbursements - Sloan lists the men involved JEB STUART MAGRUDER, Mr. KALMBACH, and then Attorney General JOHN MITCHELL and how this authority switched among them (04:46:58) Ervin asks about the Committee Secretary Mr. Stans' role and knowledge involving the payments to Committee members - Sloan says that Stans knew about the disbursements but played no part in their approval (04:47:52) Ervin asks about the record Sloan kept of the payments he made - Sloan said he kept a book with aggregate totals of monies paid to individuals in the Committee and that, after Watergate, Kalmbach recommended the book be destroyed, Sloan did so but passed another copy of this data to Stans (04:50:18) Ervin asks Sloan about two large sums of money which Kalmbach recieved, one of which get had delivered to the White House (04:51:27) Skip in footage - Sloan and Ervin discuss how Sloan ended up questioning Stans about the payments he was making, Sloan had Stans confirm with Mitchell the payments were still to be made on request even though Sloan and Stans had no information as to what they were going to - Ervin confirms that Sloan was told by Stans regarding the payments' purpose: "I don't want to know and you don't want to know" (04:53:15) Ervin and Sloan discuss at length the source of the Committee's funds, in particular they talk about funds that came to the Committee in the form of Mexican casheir's checks and personal checks that were delivered to the Committee by a ROY WINCHESTER, the Vice President of Pensoil, Sloan identifies these checks as coming from a campaign fund raiser in the Southwest (04:58:00) Ervin and Sloan have an extensive discussion about how the above mentioned checks were cashed and moved from Florida then to the Committee in order to avoid being reported as was mandated as of April 7, 1972 by a new campaign law (05:00:01) Good brief close up of stenographer in action (05:01:50) Sloan explains how Liddy laundered the above mentioned cash - In response Ervin makes the comparison: "Mr. Liddy is like the Lord, he moves in mysterious ways his wonders to perform" which gets a hearty hearing room laugh (05:02:30) Ervin discusses with Sloan the fact that money that came from the above mentioned checks, after they were deposited and cashed in Florida was found on the persons of those people involved in the Watergate break-in